Stocks to buy for long term: SBI, ITC and ONGC among 15 stocks CLSA is bullish on — Do you own any?

Key Highlights

• According to the global brokerage, financials, cement, and select consumption names can offer balanced risk-reward to investors versus the historical average and the Nifty.
• "We prefer large caps where earnings visibility and positioning are better aligned, with a tilt toward consumption, rate-sensitives and IT in our India focus portfolio," it added.
• The brokerage holds 10-15 large and liquid stocks in its India portfolio since its inception in 2021.
• This portfolio has beaten the Nifty in 16 of the 20 quarters since its inception with an absolute return of 215% and total outperformance of 117ppts.
• However, it underperformed the Nifty 50 last year as it rose 7.7% as against an over 10% rise seen in the benchmark index.